1.2.2 Store design/Layout
Store design can be described as “... the interior design with special attraction of commercial premises of retail store where goods are sold to the public. Retail design aims to make these commercial spaces more appealing and inviting to buyers…” (Burns, 2012). “The chief function of store design is to aid in the effecting of the retailer’s strategy. It is essential that the design be consistent as well as strengthen the retailer’s merchandise strategy by meeting the needs of their target market and creating a sustainable competitive advantage.” (Levy et al., 2012:468) “The design of the retail store will usually focus on three main aspects, namely layout, signage and graphics, and a feature area in order to create
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Buyers’ perceive the image of a store, the moment they enter an apparel store which casts an impression of the store in their mind. Feature area is another feature of store design. In a store to catch the eye of the buyer some innovative and creative features are displayed. Feature areas include window displays, entrances freestanding displays, promotional aisles or areas, walls, dressing rooms, point of- purchase counters and props. In a sector where the design process seldom starts from an original concept, and designers use existing information (on design, colors, fabrics) in new ways, and inspiration from imports and fashion shows is rampant. Gaining and sustaining a strategic competitive advantage in retailing requires knowledge of the store attributes that buyers value and use to discriminate between stores and why the attributes are important. Hence, there is a rising need to evaluate the major drivers of shopping behavior in Indian context. It estimates that by 2015, the overall Indian Apparel industry would be worth Rs 2.88 lakh crores and the organized market share will be 25 percentage of …show more content…
It attempts to understand the buyer’s decision making regarding liking and disliking of a product purchase. It studies the distinct characteristics of individual buyers such as demographics, psychographics and behavioral variables in an effort to understand people’s wants and needs. It also tries to assess influences on the buyers from groups such as family, friends, reference groups and society in general. The research on shopper behavior goes back to 1969 when Dodge and Summer found out that Store choice has been found dependent on socio-economic background of buyers, their personality and past purchase experience. Later Kotler (1973), Cort and Dominguez (1977), Mattson (1982), Meyer and Eagle (1982), Malhotra (1983), Lumpkin et al. (1985), Zeithaml (1985), Fotheringham( 1988), Sparks (1995), Davies (1995) contributed a lot towards the research on shopper buying behavior. But the research on shopper behavior goes back to 1969 when Dodge and Summer found out that Store choice has been found dependent on socio-economic background of buyers, their personality and past purchase experience. Later Kotler (1973), Cort and Dominguez (1977), Mattson (1982), Meyer and Eagle (1982), Malhotra (1983), Lumpkin et al. (1985), Zeithaml (1985), Fotheringham(1988), Sparks (1995), Davies (1995) contributed a lot towards the research on shopper buying behavior. But it is the acts of
I had never really thought about the layout until Patel discussed the atmospherics in the grocery store. Everything from the lighting to the smell distracts us from the fact we are in a giant warehouse and allows us to part with our money. Patel even mentioned that the milk is often times at the back of the store because it is the most common thing bought and grocery stores want you to buy
In the largest of all three is Walmart the layout is different because the stores offer more for each of their customers. This is also the messy of the three due to such a high number of foot traffic inside the store. Many people pick up items and replace them somewhere else in the store or just leave baskets in the alley. I notice that all five items were place on the shelves with the same
By having many choices for consumers the store can make the sale and the consumer can get exactly what they want, whether it be the cheap, average, or high end
Urban Outfitters is an American multinational retail and lifestyle corporation. In the cutthroat world of retail stores, Urban Outfitters has proven to be a long-standing big name currently worth 1.25 billion USD. Urban Outfitters is successful because it updates its spatial design and layout to follow urban trends catering to customers in their late teens to twenties. This essay highlights Paco’s theories from Gladwell’s article through the ways Urban Outfitters uses a minimalist design, an ever-changing layout, a homelike atmosphere, and a pet-friendly strategy to contribute to the store’s success.
Everyday items are located towards the front of the store and similar items are grouped such as toys and electronics. Each department is specifically designed to showcase the product in an appealing way. For instance, the design of the fresh produce area uses wood surfaces for a natural and homey feel. The beauty aisle is trimmed with bright lights to draw attention to each item on the shelf. The cleanliness of the store differentiates itself from competitors like Wal-Mart.
1. In the broader context (not specific to Dollar General), what is KKR’s investment strategy? What are the challenges KKR will encounter to make its investment in Dollar General successful? How could KKR add value to Dollar General?
These stores eliminated the need for awkward negotiations. Also, most of these stores were “richly decorated” to provide a “pleasurable experience” (Keene, 483). They had marble columns, decorative ceilings, and strategically placed statues. These merchants provided a place that “shoppers,” as they were called, could get anything they needed, and more (Keene, 483). These aesthetic elements opened up a world of retail and marketing.
The large anchor stores are usually strategically located at the end points of the shopping mall. The placement of the stores are easily accessible and offer ample parking. Internally, the floor plan is tactically set up to draw the attention the consumer. The mall entrance for both stores opens up to cosmetics, perfume, shoes and ladies apparel. These areas generally account for more than 40% of the store sales.
The article “The Science of Shopping” written by New Yorker staff writer Malcom Gladwell, is based on retail anthropologist and urban geographer Paco Underhill. Underhill studies the shopping characteristics through frequently watched surveillance tapes to help store managers improve the setup of their goods and services. Through those footages he evaluated his observations and the statistics to help define his theories with the purpose to make sellers conform to the desires of the shoppers. Underhill, an insightful and revolutionary man, provides a view of science to displaying merchandise and creates a positive experience for both the buyer and seller. I agree that Underhill’s scientific theories; the Invariant Right, Decompression
According to American Marketing Association (2015), visual merchandising is a broad concept that includes set of actions (product placement, point of sales materials placement, additional installations) that are made in store in order to make products stand out and attract consumer’s attention. Govorek and Mc Goldric define the core aim of visual
Retail positioning aims to provide competitive edge by differentiating the retailer from its competition. This differentiation can be achieved through retail offerings that appeal to, and are easily identifiable to by its target market. This process is done by selecting market segmentations and matching them to the retail offerings as precisely as possible. It is vital to understand the consumers needs and wants in order to make a proper match and be distinguished from other retailers. Nordstrom distinguishes itself from other retailers by positioning itself as an upscale fashion store with outstanding customer service, and its multichannel approach.
For instance, the world population is aging (OECD, 2013a), therefore, changes in demographic may be dangerous to solely teenage-oriented apparel firms based on the fact that competition for that segment is gradually diminishing (e.g. Coneen by design ltd). Nevertheless, these could be an opportunity for open and more flexible existing fashion retailers. Nowadays, customers are demanding for convenient shopping experience due to limited time in accessing or going to the market in person. Therefore, fashion or clothing firms with quality and easy to navigate web page will attract more customer (Chaturvedi, Martich, Ruwadi & Ulker, 2013).
This is also helpful to develop fashion-oriented products, which have a shorter time to
(Refer to figure 5) Using this model, Uniqlo was able to successfully differentiate itself from other retailers by developing unique products based on innovations than fashion trends. They are able to make quick adjustments to the production according to the latest sales trends and minimise store operation costs. This has allowed Uniqlo to sell high-quality clothes at affordable prices. Uniqlo is now working on a new supply chain that combines both their real and virtual business together. They have engaged one of Japan’s largest home builders, Daiwa House Industry, to help construct a state-of-the-art distribution center in Tokyo.